But surely the club knew that having club 1871 would be a massive increase in costs/decrease in income and that this could have happened, and the FP&A team or accountants would have surely budgeted for this?
I would be interested to see how much club 1871 is actually costing the club in lost revenue and other costs.
It's cost is insignificant and not something we should factor in, when compared to our full accounts.
Having worked in FP&A and accounting in the sports industry, there is no such thing as an insignificant cost. Especially in such a volatile industry where a relegation/promotion could change everything.
They are insignificant when you compare it to other costs... These are the views of our current owners and if they say insignificant then that's what it is. You can categorize free coach travel and subsided ticket costs in this as well, hence why we have such low ticket pricing.